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Insurance Authority (IA) · Press Release

Insurance Authority Signed a Cooperation Agreement to Strengthen the Regulation of Vehicle Damage Assessment Sector with “TAQEEM”

هيئة التأمين توقع اتفاقية تعاون لتعزيز تنظيم قطاع تقييم أضرار المركبات مع "تقييم"

No action neededAwareness

The Insurance Authority signed a cooperation agreement with the Saudi Authority for Accredited Valuers ("TAQEEM") to strengthen the regulation and development of the vehicle damage assessment sector, signed by Insurance Authority CEO Naji Al-Faisal Al-Tamimi and TAQEEM CEO Faisal bin Badr Al-Mandeel. The agreement covers areas including developing and expanding valuation services, strengthening joint oversight to reduce violations, and coordinating related activities, and runs for a renewable three-year term with joint working teams and structured information exchange.

PublishedApril 23, 2025
Effective
GazetteNot gazetted
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